Mortgage Blog

Vantage Bank merges with South Texas competitor
Two South Texas banks are expected to merge operations by the end of this year, pending regulatory approval.
San Antonio-based Vantage Bank Texas will become a much larger institution after it acquires McAllen-based Inter National Bank. The combined entity would hold $1.9 billion in total assets, if approved. Vantage Bank, though smaller with $550 million in total assets as of March 31, is planned to be the surviving brand.
Jim Collins is a general partner of Rioco Partners, a real estate investment…

Miami nursing, rehabilitation center to expand with $50M loan
An Ocean Bank loan helped the health care facility purchase three additional floors.

Sound Credit Union promotes chief retail officer and hires chief operations officer
The Tacoma-based credit union appointed Wendy Cleveland as senior vice president and chief operations officer and Charlene Henson as senior vice president and chief retail officer

Exclusive: Oil and gas VC spinoff raising $20 million for Colorado-centric fund
The Denver-based venture capital firm has already invested $3.5 million in 27 startups.

Pinnacle Bank expands in Phoenix area with another branch office
The new branch is expected to open within the next 60 days.

Charlotte region sees rebound in 2018 venture-capital investments
The Charlotte-Gastonia-Concord area falls far behind the Triangle in terms of the venture-capital funding it's landed so far this year, but don't count us out just yet.

Aerospace-focused private equity fund completes $1.36B raise
This is the company's second private equity fund.

Janney a chief beneficiary of Wells Fargo Advisors talent exodus
Hiring announcements were analyzed and showed about 60 percent of the 133 wirehouse advisors to make a switch came from Wells Fargo.

Ask the Accountant: How will the new tax law affect my business?
Today’s Ask the accountant questions are:
What are the main ways the new law is going to impact me, and how should I adjust my tax planning?
I’m a fiscal year company, and my fiscal year started before Jan. 1, 2018. How am I going to account for the new tax law?
How does the new tax law impact international operations?
Question 1: What are the main ways the new law is going to impact me, and how should I adjust my tax planning?
There’s a lot to unpack in the new tax law introduced as the…

Private equity group from Iowa sets up KC office
Mark Nuss, the local leader of Summit Equity Group, discusses the Des Moines-based private equity firm's plans for its first satellite office in Kansas City.